Roadrunner Transportation Systems Prices Initial Public Offering

Cudahy, WI, May 2010

Roadrunner Transportation Systems, Inc. (NYSE: RRTS), a leading non-asset based transportation and logistics services provider, today announced the pricing of its initial public offering of 10,600,644 shares of its common stock at a price of $14.00 per share. Of the shares offered, 9,000,000 are being sold by Roadrunner Transportation and 1,600,644 are being sold by stockholders of Roadrunner Transportation. Roadrunner Transportation has granted the underwriters of the offering a 30‑day option to purchase up to an additional 1,590,096 shares at the same price to cover over-allotments.

The offering is expected to close on May 18, 2010, subject to customary conditions. Roadrunner Transportation common stock is expected to begin trading on the New York Stock Exchange on May 13, 2010 under the symbol “RRTS.”

Robert W. Baird & Co. Incorporated is the bookrunner for the offering and BB&T Capital Markets and Stifel, Nicolaus & Company, Incorporated are serving as co-lead managers. The offering is being made by means of a prospectus, copies of which may be obtained, when available, by visiting the U.S. Securities and Exchange Commission web site at or from Robert W. Baird & Co. Incorporated, Attn: Prospectus Department, (telephone number 800-792-2473).

A registration statement relating to these securities has been filed and declared effective by the U.S. Securities and Exchange Commission. The offering is being made solely by means of a prospectus. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities law of any such state or jurisdiction.


Roadrunner Transportation is a leading non-asset based transportation and logistics services provider offering a full suite of solutions, including customized and expedited less-than-truckload, truckload and intermodal brokerage, and domestic and international air. Upon completion of the offering, third-party logistics and transportation management solutions will be merged into Roadrunner Transportation’s services.